As I described in a previous post, Trump never intended to be President. During his 2016 Presidential campaign (which began in June 2015) there were many reports that Trump had Russian interests and as the Mueller Report confirmed, they at least began in 2013.
Those Russian interests had tremendous potential and a reasonable person could consider them to be the overriding motive for his favorable stance on Russia.
The LOI (Letter of Intent) called for the Trump Organization to receive 5% of all gross sales up to $100 million; 4% of all gross from $100 million to $250 million; 3% of all gross sales from $250 million to $500 million; 2% of all gross sales from $500 million to $1 billion; and 1% of all gross sales over $1 billion.
Mueller Report Volume 1, page 71, footnote 322
How much is that, you ask? A simple calculation yields revenues to the Trump Organization in the neighborhood of $15 million just from the sales. That’s not taking into account other incentives proposed in the LOI, like:
The Trump Organization would receive 1% and 5% of all condominium sales, plus 3% of all rental and other revenue. For the project’s hotel portion, the Trump Organization would receive a base free of 3% gross operating revenues for the first five years and 4% thereafter, plus a separate incentive free of 20% of operating profit.
Mueller Report Volume 1, page 71.
As the report points out:
Under these terms, the Trump Organization stood to earn substantial sums over the lifetime of the project, without assuming significant liabilities or financial commitments
Mueller Report Volume 1, page 71.
As the saying goes “Follow the Money” and you shall find the truth.
